Chapter 40 — PENSIONS

(40 ILCS 5/9-162) (from Ch. 108 1/2, par. 9-162) Sec. 9-162. Re-entry into service - Prior employee. An employee other than a present employee described in subdivision (c) of Section 9-109 who was not in the service of such county or of the board on the day prior to the effective…

(40 ILCS 5/9-163) (from Ch. 108 1/2, par. 9-163) Sec. 9-163. Restoration of rights. An employee who has withdrawn as a refund the amounts credited for annuity purposes, and who re-enters service and serves for periods comprising at least 2 years after the date of the last refund …

(40 ILCS 5/9-164) (from Ch. 108 1/2, par. 9-164) Sec. 9-164. Refunds - Withdrawal before age 55 or with less than 10 years of service. (1) An employee, without regard to length of service, who withdraws before age 55 (age 62 for an employee who first becomes a member on or after …

(40 ILCS 5/9-165) (from Ch. 108 1/2, par. 9-165) Sec. 9-165. Refund of widow's annuity deductions. If a male employee is (1) unmarried when he attains age 65 or (2) is married at age 65 and subsequently becomes a widower while still in service, or (3) unmarried upon withdrawal be…

(40 ILCS 5/9-166) (from Ch. 108 1/2, par. 9-166) Sec. 9-166. Refunds - when paid to beneficiary, children or estate. Whenever the total amount accumulated to the account of a deceased employee from employee contributions for annuity purposes, and from employee contributions appli…

(40 ILCS 5/9-167) (from Ch. 108 1/2, par. 9-167) Sec. 9-167. Refund - In lieu of annuity. In lieu of an annuity, an employee who withdraws after age 60, having annuity rights based on a credit of not more than 10 years of service, or an employee who withdraws and whose annuity wo…

(40 ILCS 5/9-168) Sec. 9-168. (Repealed). (Source: Laws 1963, p. 161. Repealed by P.A. 95-369, eff. 8-23-07.)

(40 ILCS 5/9-169) (from Ch. 108 1/2, par. 9-169) Sec. 9-169. Financing; tax levy and other funding sources. (a) The county board shall levy a tax annually upon all taxable property in the county at the rate that will produce a sum which, when added to the amounts deducted from th…

(40 ILCS 5/9-169.1) Sec. 9-169.1. Annual actuarial report. The retirement board shall retain an actuary who is a member in good standing of the American Academy of Actuaries to produce an annual actuarial report of the Fund. The annual actuarial report shall include, but not be l…

(40 ILCS 5/9-169.2) Sec. 9-169.2. Minimum required employer contribution. The minimum required employer contribution for a specified year, as set forth in the annual actuarial report required under Section 9-169.1, shall be the amount determined by the Fund's actuary to be equal …

(40 ILCS 5/9-170) (from Ch. 108 1/2, par. 9-170) Sec. 9-170. Contributions for age and service annuities for present employees, future entrants and re-entrants. (a) Beginning on the effective date as to a present employee in paragraph (a) or (c) of Section 9-109, or as to a futur…

(40 ILCS 5/9-170.1) (from Ch. 108 1/2, par. 9-170.1) Sec. 9-170.1. From and after January 1, 1970 any employee who is credited with 35 or more years of contributing service may elect to discontinue the salary deductions for all annuities as specified in Sections 9-133, 9-170, and…

(40 ILCS 5/9-170.2) (from Ch. 108 1/2, par. 9-170.2) Sec. 9-170.2. The county may pick up the employee contributions required by Sections 9-133, 9-170, 9-176, 9-176.1 for salary earned after December 31, 1981. If employee contributions are not picked up, the amount that would hav…

(40 ILCS 5/9-171) (from Ch. 108 1/2, par. 9-171) Sec. 9-171. Additional contributions for age and service annuities for present employees, future entrants and re-entrants. (a) From and after September 1, 1935, in addition to the contributions provided in Section 9-170 for each pr…

(40 ILCS 5/9-172) (from Ch. 108 1/2, par. 9-172) Sec. 9-172. Contributions by employee after annuity is fixed. Any contributions by an employee from and after the date when his age and service annuity is fixed shall not increase the amount of such annuity. The contributions shall…

(40 ILCS 5/9-173) (from Ch. 108 1/2, par. 9-173) Sec. 9-173. Additional contributions and credits-all employees. Any employee in service on July 1, 1947, may elect to make additional contributions while in service which shall not exceed 7/13 of the sum accumulated for age and ser…

(40 ILCS 5/9-174) (from Ch. 108 1/2, par. 9-174) Sec. 9-174. Contributions by disabled employee whose ordinary disability benefit has expired. In the case of any disabled employee whose credit for ordinary disability benefit purposes has expired and who continues to be disabled s…

(40 ILCS 5/9-175) (from Ch. 108 1/2, par. 9-175) Sec. 9-175. Interest credits-all employees. Amounts allocated to the account of and credited for age and service and prior service annuity shall be improved by interest at the effective rate during the time thereafter an employee i…

(40 ILCS 5/9-176) (from Ch. 108 1/2, par. 9-176) Sec. 9-176. Contributions for widow's annuity for widows of present employees, future entrants and re-entrants. (a) Beginning on the effective date as to a present employee in paragraph (a) or (c) of Section 9-109, or as to a futur…

(40 ILCS 5/9-176.1) (from Ch. 108 1/2, par. 9-176.1) Sec. 9-176.1. Contributions by female employees. (a) Effective as of October 1, 1974, each female employee shall contribute at the same rates as a male employee for widow's annuity or other benefits, to the end that like credit…

(40 ILCS 5/9-177) (from Ch. 108 1/2, par. 9-177) Sec. 9-177. Additional contributions for widow's annuity for widows of present employees, future entrants and re-entrants. In addition to the contributions to be made by each employee and by the county for widow's annuity as herein…

(40 ILCS 5/9-178) (from Ch. 108 1/2, par. 9-178) Sec. 9-178. Widow's annuity interest credits-all employees. Amounts allocated to the account of and credited to the employee for widow's and widow's prior service annuity shall be improved by interest at the effective rate during t…

(40 ILCS 5/9-179) (from Ch. 108 1/2, par. 9-179) Sec. 9-179. Election as to amount to be deducted from compensation-refunds. (a) Any employee who failed to elect to make contributions beginning on September 1, 1935, for any period of service while he was not a contributor to the …

(40 ILCS 5/9-179.1) (from Ch. 108 1/2, par. 9-179.1) Sec. 9-179.1. Military service. A contributing employee may elect to purchase creditable service for up to 24 months of active-duty military service, whether or not that service followed service as a county employee. The milita…

(40 ILCS 5/9-179.2) (from Ch. 108 1/2, par. 9-179.2) Sec. 9-179.2. Other governmental service-former county service. Any employee who first becomes a contributor before the effective date of this amendatory Act of the 99th General Assembly, who has rendered service to any "govern…

(40 ILCS 5/9-179.3) (from Ch. 108 1/2, par. 9-179.3) Sec. 9-179.3. Optional plan of additional benefits and contributions. (a) While this plan is in effect, an employee may establish additional optional credit for additional optional benefits by electing in writing at any time to…

(40 ILCS 5/9-179.4) Sec. 9-179.4. Service for periods of furlough or salary reduction. (a) An active participant may establish service credit and earnings credit for periods of furlough beginning on or after December 1, 2017 and ending on or before November 30, 2018. To receive t…

(40 ILCS 5/9-180) (from Ch. 108 1/2, par. 9-180) Sec. 9-180. Contributions by county for duty disability benefit. In lieu of all amounts ordinarily contributed by an employee and by the county for age and service annuity, and widow's annuity the county shall contribute sums equal…

(40 ILCS 5/9-181) (from Ch. 108 1/2, par. 9-181) Sec. 9-181. Contributions by county for ordinary disability benefit. The county shall contribute all amounts ordinarily contributed by it for annuity purposes for any employee receiving ordinary disability benefit as though he were…

(40 ILCS 5/9-182) (from Ch. 108 1/2, par. 9-182) Sec. 9-182. Contributions by county for prior service annuities and pensions under former acts. (a) The county, State or federal contributions authorized in Section 9-169 shall be applied first for the purposes of this Article 9 ot…

(40 ILCS 5/9-183) (from Ch. 108 1/2, par. 9-183) Sec. 9-183. Contribution by county for administration costs. The county shall contribute, from revenue derived from taxes herein authorized, the amount necessary to defray costs of administration of the fund. (Source: Laws 1963, p.…

(40 ILCS 5/9-184) (from Ch. 108 1/2, par. 9-184) Sec. 9-184. Estimates of sums required for certain annuities and benefits. The board shall estimate and itemize the amounts required each year to pay for all annuities, each benefit category, and administrative expenses associated …

(40 ILCS 5/9-184.5) Sec. 9-184.5. Delinquent contributions; deduction from payments of State funds to the county. If the county fails to transmit to the Fund contributions required of it under this Article by December 31st of the year in which such contributions are due, the Fund…

(40 ILCS 5/9-185) (from Ch. 108 1/2, par. 9-185) Sec. 9-185. Board created. (a) A board of 9 members shall constitute the board of trustees authorized to carry out the provisions of this Article. The board of trustees shall be known as "The Retirement Board of the County Employee…

(40 ILCS 5/9-186) (from Ch. 108 1/2, par. 9-186) Sec. 9-186. Board elections. In each year, the board shall conduct a regular election, under rules adopted by it, at least 30 days prior to the expiration of the term of each elected employee or annuitant member. To be eligible to …

(40 ILCS 5/9-187) (from Ch. 108 1/2, par. 9-187) Sec. 9-187. Board vacancy. (a) A vacancy in the membership of the board shall be filled as follows: If the vacancy is that of an appointive member, the official who appointed him shall appoint a person to serve for the unexpired te…

(40 ILCS 5/9-188) (from Ch. 108 1/2, par. 9-188) Sec. 9-188. Board officers. The board shall elect annually at its regular December meeting from among its members, by a majority vote of the members voting on the question, a president, vice-president and a secretary who shall serv…

(40 ILCS 5/9-189) (from Ch. 108 1/2, par. 9-189) Sec. 9-189. Board meetings. The board shall hold regular meetings in each month and special meetings as it deems necessary. A majority of the members shall constitute a quorum for the transaction of business at any meeting, but no …

(40 ILCS 5/9-190) (from Ch. 108 1/2, par. 9-190) Sec. 9-190. Board powers and duties. The board shall have the powers and duties stated in Sections 9-191 to 9-202.1, inclusive, in addition to such other powers and duties provided in this Article. (Source: P.A. 98-551, eff. 8-27-1…

(40 ILCS 5/9-191) (from Ch. 108 1/2, par. 9-191) Sec. 9-191. To supervise collections. To see that all amounts specified in this Article to be applied to the fund, from any source, are collected and applied. (Source: Laws 1963, p. 161.)

(40 ILCS 5/9-192) (from Ch. 108 1/2, par. 9-192) Sec. 9-192. To notify of deductions. To notify the comptroller of the county of the deductions to be made from the salaries of employees. (Source: P.A. 81-1536.)

(40 ILCS 5/9-193) (from Ch. 108 1/2, par. 9-193) Sec. 9-193. To accept gifts. To accept by gift, grant, bequest or otherwise any money or property of any kind and use the same for the purposes of the fund. (Source: Laws 1963, p. 161.)

(40 ILCS 5/9-194) (from Ch. 108 1/2, par. 9-194) Sec. 9-194. To invest the reserves. To invest the reserves of the fund in accordance with Sections 1-109, 1-109.1, 1-109.2, 1-110, 1-111, 1-114, and 1-115 of this Act. Investments made in accordance with Section 1-113 shall be deem…

(40 ILCS 5/9-194.1) (from Ch. 108 1/2, par. 9-194.1) Sec. 9-194.1. To lend securities. The Board may lend securities owned by the Fund to a borrower upon such terms and conditions as may be mutually agreed in writing. The agreement shall provide that during the period of the loan…

(40 ILCS 5/9-194.2) (from Ch. 108 1/2, par. 9-194.2) Sec. 9-194.2. To rent office facilities. The Retirement Board may rent or lease any office facilities that it deems desirable for the purposes of the Fund. (Source: P.A. 87-794.)

(40 ILCS 5/9-195) (from Ch. 108 1/2, par. 9-195) Sec. 9-195. To have an audit. To have an audit of the accounts of the fund made at least once each year by certified public accountants. The audit may include the preparation of the annual actuarial report required under Section 9-…

(40 ILCS 5/9-196) (from Ch. 108 1/2, par. 9-196) Sec. 9-196. To authorize payments. To authorize or suspend the payment of any annuity or benefit in accordance with this Article. The board shall have exclusive original jurisdiction in all matters relating to the fund, including, …

(40 ILCS 5/9-197) (from Ch. 108 1/2, par. 9-197) Sec. 9-197. To determine service credits. To require each employee to file a statement concerning service rendered the county prior to the effective date. The board shall make a determination of the length of such service and estab…

(40 ILCS 5/9-198) (from Ch. 108 1/2, par. 9-198) Sec. 9-198. To issue certificate of prior service. To issue a certificate showing the entire period of service rendered by a present employee prior to the effective date and the amounts to his credit for prior service and widow's p…

(40 ILCS 5/9-199) (from Ch. 108 1/2, par. 9-199) Sec. 9-199. To submit an annual report. To submit a report in July of each year to the county board of the county as of the close of business on December 31st of the preceding year. The report shall contain a detailed statement of …